In May 2010, KPPI initiated an investigation on imports of stranded wire, ropes and cables, excluding locked coil, flattened strands and non-rotating wire ropes; platted or coated with brass, and of a nominal diameter not exceeding 3 mm; and stranded wire of diameter of less than 3 mm (HS code: 7312.10.90.00).
Based on the investigation, KPPI found that the domestic industry was unable to maintain the market share, the domestic sales, and production during the period of investigation, while the volume of imports has continuously increased. As such, the developments resulted to serious injury to the domestic industry. Therefore, through Minister of Finance’s Decree No. 54/PMK.011/2011 dated 23 March 2011, the imported goods is subject to specific safeguards duty for a period of 3 (three) years that will be liberalized progressively in the second and third years as shown in the table below.
Due to the de minimis rule, the product falling wihin HS code 7312.10.90.00 will be excluded, as well as products coming from developing countries with export of less than 3% of the total volume of imports individually, or collectively do not exceed 9% of the total volume of imports, i.e. India, Philippines, Taiwan, and Vietnam.